Marc Beer’s Career In a Nutshell
Like all entrepreneurs, Marc Beer’s career has been an up and down rollercoaster. Unlike other entrepreneurs, Beer’s downs have been family related. As far as his professional life goes, Marc Beer has never failed. His personal life, however, he suffered a great loss in 2007; so great, in fact, that he contemplated permanently retiring.
The early 2000s is easily the best and worst time of Beer’s life. In 2000, he founded his first company, ViaCell. He founded ViaCell immediately following a successful career in pharmaceutical sales and marketing. In particular, his time with Genzyme made a name for him in the industry and inspired him to do more for the millions of people who are medically underserved worldwide.
ViaCell relied on company-collected and preserved umbilical cord blood stem cells to develop various treatments for a variety of conditions that can occur in the human body. His company grew to 300 employees very quickly, and he put his company on the NASDAQ in 2005. By 2007, he had a major pharmaceutical company vying for ownership of ViaCell, and he eventually accepted a $300 million offer from PerkinElmer.
At the height of his early career, Beer suffered the greatest loss of his life. Shortly after completing the ViaCell – PerkinElmer transaction, Beer lost his wife from a pulmonary embolism; she was only 42. The only solace Beer could find was in taking care of their three children. He retired and from that point on, he was a single father who only cared for raising his kids. Learn more: https://renoviainc.com/leadership/
He drove them to school and picked them up every day for two years. After two years, his 14-year-old daughter could no longer sit by and watch her father wastes his talents. She began encouraging him to start another company and go back to helping people. Eventually, he listened to her and a good thing too because Dr. Ray Iglesias needed a partner to help him.
Marc Beer’s return to entrepreneurial glory came in the form of Renovia, originally Dr. Iglesias’s brainchild. For 35 years, Dr. Iglesias has been performing unavoidable pelvic floor surgeries. After seeing so many women come into his office because they had no other choice; he began thinking that there had to a way to help these women before they needed surgery.
Pelvic floor disorders affect around 25 percent of women in America. Dr. Iglesias believed that he could develop something to help these women avoid the surgical option. In 2016, Dr. Iglesias teamed up with Marc Beer and Yolanda Lorie and Renovia was founded.